Situations are changing. A symmetrical triangle pattern on Trigger Chart suggest a good consolidation. If you have the short position (options), I would recommend getting a position to smooth out your risk.
For eg, Naked Calls for $3.45 - Buy an out of the money Vertical for 4 Wide for $1. Essentially, you have added risk against your position, if it were to pop against you, you are well protected. Flip out the Vertical at a good profit and carry your Naked calls forward.